The speeches made by officials attending the IMF-World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings.

Introductory Note

The Thirty-Eighth Annual Meeting of the Board of Governors of the International Monetary Fund was held in Washington, D.C. from September 27 through September 30, 1983, jointly with the Annual Meetings of the Boards of Governors of the International Bank for Reconstruction and Development, the International Finance Corporation, and the International Development Association. His Excellency, Miguel Boyer, Governor for Spain, served as Chairman.

These Summary Proceedings include statements, or portions of statements, relating to the work of the Fund presented by Governors during the Meetings, resolutions adopted by the Board of Governors of the Fund over the past year, reports, recommendations, or communiqués issued by the Committees of the Board of Governors at the time of the Meetings, and other documents relating to the Meetings. Statements, or portions thereof, relating to the work of the World Bank are omitted from these Summary Proceedings; the insertion of dots (. . .) within statements indicates where passages have been omitted. Statements not reproduced in these Summary Proceedings may be found in the Summary Proceedings of the Annual Meetings of the Bank and its affiliates, issued separately by the Bank.

Statements by the Governors are listed in alphabetical order by country on pages ix and x. A reference list of principal topics discussed in the statements is given on pages 309–314, and a list of abbreviations used in the statements and documents is given on page 315.